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faltersainse [42]
3 years ago
6

Dexter decides to buy a new smartphone and offset the cost by selling his old phone to one of his friends. His friend has no mon

ey and wants to barter for the old phone. Dexter’s preference for the items offered is in this order: laser printer, television, headphones, and bicycle. If Dexter accepts the laser printer as payment, what is his opportunity cost of this exchange?
a. the total value of the television, headphones, and bicycle
b. the difference between the value of the old phone and that of the new smartphone
c. there is no opportunity cost in a consensual trade.
d. the value of the laser printer
e. the value of the television
Business
1 answer:
Nikitich [7]3 years ago
4 0

Answer:

a

Explanation:

Opportunity costs refers to the options that are lost when making a choice between many options. According to my research on opportunity costs in different situations, I can say that based on the information provided within the question the opportunity cost of this exchange the total value of the television, headphones, and bicycle. This is because by choosing the printer he is ultimately losing out on the opportunity of choosing any of the other three items.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Producer surplus directly measures a. the well-being of buyers and sellers. b. the well-being of society as a whole. c. the well
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Answer:

c. the well-being of sellers.

Explanation:

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2 years ago
A manufacturing firm is considering two locations for a plant to produce a new product. The two locations have fixed and variabl
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Answer:

1 company to be in different is  15000 units

2 cost =  approximate  $300000

3 Total annual costs  = approximate $380,000

4  cost is less for phoenix and  Phoenix is the ideal location

5 Cost advantage = $18,000 so closed to $20000

Explanation:

given data

Atlanta fixed costs (annual) = 80000

variable costs (per unit) = 20

Phoenix  fixed costs = 140000

variable costs = 16

solution

we consider here output level = x

and price will be = p

so here profit for location will be

profit = Revenue - Variable Cost - Fixed costs   .............1

so here Atlanta profit is  

Profit = px - 20x - 80000     ..................2

and Phoenix profit is  

Profit = px - 16.1x - 140,000      ...................3

so now company to be in different is  

px - 20x - 80000 = px - 16.1x - 140,000

solve we get x here

x =  15,384.62  = 15000 units

and  

and now annual costs for phoenix will be as

annual cost =  Variable cost + Fixed     ...........4

cost = 16.1 × 10,000 + 140,000

cost = 161,000 + 140,000

cost = $301,000 = approximate  $300000

and

Total annual costs will be as

Total annual costs = 20 × 15,384.62 + 80,000

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and

Annual demand = 20,000 units

so  

Cost for Atlanta  = 20 × 20000 + 80,000

Cost for Atlanta  = $480,000

Cost for Phoenix = 16.1 × 20000 + 140,000

Cost for Phoenix = $462,000

so cost is less for phoenix and  Phoenix is the ideal location

and

now Cost advantage will be

Cost advantage  = $480,000 - 462,000

Cost advantage = $18,000 so closed to $20000

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